Program and Portfolio Management (PRJM 6005) Assignment 2

Program and Portfolio Management (PRJM 6005) Assignment 2 Template Description: Development of a Multi-purpose Indoor Entertainment and Sports Venue in Western Australia

PROJECT MANAGEMENT PROGRAM
Program and Portfolio Management (PRJM 6005) Assignment 2 Template
BENEFITS REALISATON PLAN TEMPLATE
Program Title: (No marks): Development of a multi-purpose indoor entertainment and sports venue “Perth Arena” in Western Australia to be
operational by 2012.
Assumptions: (5 marks)
 The arena will be developed considering the sustainability issues.
 The Perth Arena will help to uplift the economic conditions of the locality.
 Health and safety measures are implemented for the construction workers.
 Adequate budget is available for the construction and development project.
 The arena could be utilized for various purposes rather than using only for sports events.
Problem or Opportunity Statement: (5 marks)
 There may be occurrence of legal and ethical issues during development of the arena.
 The delay in completion of the arena by 2012 may lead to failure of the program.
 The arena will provide modernized and advanced infrastructure to conduct world class events.
 The arena will help to host local and international level sports events.
 The development of the arena will provide employment opportunities for the locality.
 The arena will also help to uplift the local economic conditions as well as growth of tourism.
©CURTIN UNIVERSITY
SCHOOL OF DESIGN AND THE BUILT ENVIRONMENT
1

PROJECT MANAGEMENT PROGRAM
Program and Portfolio Management (PRJM 6005) Assignment 2 Template
Benefits to be Achieved KPI for the Benefit KPI – Source for Verification Responsible Person for
assessing the Benefit
Risks that could prevent the
Benefit from being realised
(2 to 3 risks per benefit)
Strategic Objectives Supported
by this Benefit
Project 1 (30 Marks)
Project Name: Development and Installation of Retractable roof
Use of additional lights
during day time could be
reduced
Almost 20% additional
electricity consumption
will be reduced by the
first year
Electricity bill and
consumption records
Venue Manager Audience discomfort
Poor quality
Incomplete support
Development of Perth
Arena to be Green
building
The audience could be
protected from sunlight or
rain
The entire audience arena
could be covered by the
roof within 5 minutes
Roof test reports Operations Manager Coverage not provided
within 5 minutes
Roof is stuck
Poor quality roof
material
Development of
ecofriendly environment
for the audience
Audience will feel
comfortable leading to
attraction of more
audience
There will be almost 25%
increase in audience from
the last attended event
Audience survey reports Operations Manager No roof for indoor
events
Unavailability of proper
services
Inadequate support
Providing a comfort zone
to the audience alongside
entertainment
©CURTIN UNIVERSITY
SCHOOL OF DESIGN AND THE BUILT ENVIRONMENT
2

PROJECT MANAGEMENT PROGRAM
Program and Portfolio Management (PRJM 6005) Assignment 2 Template
Benefits to be Achieved KPI for the Benefit KPI – Source for Verification Responsible Person for
assessing the Benefit
Risks that could prevent the
Benefit from being realised
(2 to 3 risks per benefit)
Strategic Objectives Supported
by this Benefit
Project 2 (30 Marks)
Project Name: Set-up and Installation of Solar Panels
Reduction in wastage of
electricity
Almost 25-35% of
electricity consumption
can be reduced with help
of solar panels
Electricity bill and
consumption records
Venue Manager Discharge of Solar PV
battery
Unavailability of proper
sunlight
Inability to fulfil
electricity requirements
Providing a green
building to the locality
Reduction in carbon
emission and footprints to
ensure sustainable future
At least 5-10% of carbon
emissions will be
reduced from the
beginning only
Environmental impact
assessment report
Environmental
Manager
Backup generators
produce carbon
emission
Inability to ensure
sustainable future
No significant reduction
noticed in 5 years
To provide a sustainable
future for the next
generation
Longevity of the solar
panels will reduce the
maintenance and
Low cost for
maintenance will help to
reserve the operational
Project report and
Vendor reports
Maintenance Officer Repair costs may be
required if not operated
properly
To provide a system that
will have long life and
could be operated easily
©CURTIN UNIVERSITY
SCHOOL OF DESIGN AND THE BUILT ENVIRONMENT
3

PROJECT MANAGEMENT PROGRAM
Program and Portfolio Management (PRJM 6005) Assignment 2 Template
Benefits to be Achieved KPI for the Benefit KPI – Source for Verification Responsible Person for
assessing the Benefit
Risks that could prevent the
Benefit from being realised
(2 to 3 risks per benefit)
Strategic Objectives Supported
by this Benefit
operational costs costs Unavailability of spare
parts in future
Reserve funds not
available for
maintenance
in the future
Project 3 (30 Marks)
Project Name: Preparation of the Ground and Activities Arena
Best quality ground and
sports facility
Excellent reviews from
individuals or teams
played matches in the
facility
Local council and
Government Authority
reports
Sales and Marketing
Officer
Quality materials not
used for the ground
Unavailability of
adequate supplies
Inadequate services
To renovate the
experience of players
from different areas or
countries
Simultaneous execution of
different sports events
At least 10 sports event
can be conducted
simultaneously
Sports teams survey
reports
Public Relations OfficerConflict between
different teams
Chaos caused by
audience
Inability to fulfil
Provide a multi-sports
complex to the local
authority alongside
increasing tourism
©CURTIN UNIVERSITY
SCHOOL OF DESIGN AND THE BUILT ENVIRONMENT
4

PROJECT MANAGEMENT PROGRAM
Program and Portfolio Management (PRJM 6005) Assignment 2 Template
Benefits to be Achieved KPI for the Benefit KPI – Source for Verification Responsible Person for
assessing the Benefit
Risks that could prevent the
Benefit from being realised
(2 to 3 risks per benefit)
Strategic Objectives Supported
by this Benefit
requirements
simultaneously at
different events
Modernization of the
construction methods
Achievement of award
within next 1 year of
opening of the arena
Award certifications Construction Manager Poor quality of
materials
Lack of sustainability
Inadequate safety
measures
Innovative and new ideas
of construction as well as
application of green
construction
©CURTIN UNIVERSITY
SCHOOL OF DESIGN AND THE BUILT ENVIRONMENT
5